India's app market generated a record $345 million in Q2, signaling a shift from free downloads to paid usage. This marks a significant milestone for the country's digital economy. The growth reflects increasing consumer willingness to spend on apps.
Asymco argues Apple's conservative AI spending and hardware focus will let it avoid the fallout when the AI bubble bursts. The firm says Apple will watch competitors burn while maintaining its ecosystem. This contrasts with heavy AI investments by rivals like Microsoft and Google.
A study by Imperial College and Emlyon Business School analyzed fraud in Silicon Valley startups, finding that VC-backed companies commit fraud more often. The researchers suggest investor pressure and growth expectations may drive this behavior. The findings highlight systemic risks in venture funding models.
Apple captured a record 49% share of global smartphone revenue in Q2, according to Counterpoint Research, despite a market-wide shipment decline. The company's premium pricing and strong iPhone sales drove the revenue share. This marks a new high for Apple in a challenging market.
Ubisoft is shutting down Champions Tactics: Grimoria Chronicles, its NFT-based game that launched in 2023, two years after the NFT craze peaked. The game will be discontinued, marking a retreat from blockchain gaming. The move reflects the broader collapse of NFT gaming enthusiasm.
JP Morgan has cut its Apple price target from $345 to a lower figure following the company's Q4 2026 guidance. The adjustment comes after Apple's quarterly results, which were released yesterday. The bank's revised outlook reflects a slightly more cautious stance on the stock.
Universal, Sony, and Warner have proposed rules to exclude AI-generated songs from chart eligibility. The proposal goes beyond a labeling plan from the RIAA and IFPI. It aims to keep AI 'slop' off official music rankings.
Tech job postings have fallen 36% below pre-pandemic levels, with entry-level roles down 60% since 2022. The 2020-2021 hiring boom was artificial, fueled by cheap money, and over 950,000 tech workers have been laid off since 2020. Junior developers now compete with experienced engineers for fewer roles, making the old bootcamp-to-job path obsolete.
Amazon, Google, Meta, and Microsoft have collectively spent over $1 trillion on AI infrastructure since 2023. They plan to add $745 billion more in 2026 alone, even as their combined 'hidden debt' exceeds $1.65 trillion. This massive capital expenditure underscores the scale of the AI buildout and its financial risks.
Apple CEO Tim Cook suggests power users could pay for extra Siri AI compute through iCloud+ subscriptions. The move would extend Apple's services revenue model to its AI assistant. No pricing or rollout details have been announced.
LinkedIn is rolling out a new reporting option that lets users flag posts they suspect are low-quality AI-generated content. The feature aims to reduce the volume of spammy or generic AI posts on the platform. It gives users a direct way to signal content that feels inauthentic or automated.
Samsung expects the global memory chip shortage to worsen through 2027 and persist until 2028, driven by AI data center demand. The shortage is pushing up component costs and retail device prices. Samsung's outlook signals prolonged supply constraints for DRAM and NAND chips.
GM and Ford are discussing electric vehicles on investor calls at pre-pandemic levels, per TechCrunch and Hudson Labs data. This marks a notable shift from recent years when EV talk dominated automaker earnings. The trend suggests a strategic pivot as EV demand cools and profitability pressures mount.
Indian salaried developers can still claim tax exemptions on meal coupons, gift vouchers, phone/internet reimbursements, and company cars under the new tax regime. These perks fall under Rule 3, not Section 10, so they remain exempt. Savings can reach ₹1.2 lakh annually at the 30% tax bracket.
Apple CEO Tim Cook said the company expects to pay even more for memory in the September quarter following recent price hikes. Apple nearly doubled its inventory to $11.09 billion as memory costs ate into its gross margin. Cook described the situation as fighting 'a hundred-year flood' on memory pricing.
Apple reported strong iPhone and Mac sales in Q3 2026, but rising memory costs loom over future pricing. The company's earnings call marked Tim Cook's last as CEO, with a focus on supply chain challenges. Analysts note potential price increases ahead if memory costs persist.
The 'Situational Awareness' ETF, a proxy for AI-related stocks, fell 67% in July amid a broader tech selloff. The decline reflects investor concerns over high valuations and slowing AI adoption. The fund's sharp drop underscores the volatility in AI-focused investments.
Bank of Khyber has partnered with Wateen Telecom to enhance its digital infrastructure. The collaboration aims to improve connectivity and digital services for the bank. Specific details on the scope and timeline were not disclosed.
Apple's stock fell about 10% in early trading after the company reported mixed fiscal Q3 2026 earnings and issued a cautious outlook for the September quarter. Revenue missed expectations, while iPhone sales were softer than anticipated. The market's reaction reflects concerns about slowing demand and supply chain pressures.
Tesla reportedly considered selling its China business in preparation for a potential SpaceX merger, according to a TechCrunch report. The move would be a response to geopolitical risks, including the possibility of Beijing invading Taiwan. No deal has been confirmed, and details remain speculative.
Stripe's billing system prioritizes simple revenue numbers, but this hides the real cost of SaaS subscriptions. The article argues that focusing on billable metrics alone misleads founders about unit economics. It suggests that deeper analytics are needed to understand customer lifetime value and churn.
LinkedIn is piloting a feature that flags posts as 'seems like AI slop' to reduce low-quality AI-generated content. The tool aims to help users identify and avoid engagement with such posts. Its effectiveness remains uncertain as AI-generated content evolves.
Vodafone has agreed to pay £4.3 billion to acquire the remaining stake in its UK mobile joint venture, Three UK, from CK Hutchison. The deal gives Vodafone full ownership of Britain's largest mobile operator, which has over 10 million customers. The transaction is expected to close in early 2027, pending regulatory approval.
Xero argues that giving businesses more control over their finances is key to AI success. The company aims to add control and peace of mind for workers as AI becomes more vital. This approach positions AI as an aid to human decision-making rather than a replacement.
Amazon reported quarterly earnings that exceeded analyst forecasts, driven by strong performance in its cloud computing and AI businesses. The company's AWS segment saw revenue growth, and its AI investments are beginning to pay off. Amazon's stock rose in after-hours trading following the announcement.
Electronic Arts will complete its $55 billion acquisition and become a private company by August 4. The deal, announced earlier, will take the gaming giant off public markets. This move follows a trend of major tech firms seeking private ownership to avoid quarterly scrutiny.
Sony CFO Lin Tao confirmed on an earnings call that the company will proceed with ending physical game disc production, despite significant backlash from PlayStation fans. The decision follows extensive internal deliberation, but Sony remains committed to its digital-only strategy. This move aligns with the broader industry trend toward digital distribution.
Enterprises face rising token fees as LLM providers recoup training costs. A new 'token tax' burdens AI deployments, impacting budgets and scalability. Companies must strategize to manage these expenses effectively.
European firms feel the greatest pressure as US giants dominate cloud and AI infrastructure, according to Forrester. Buyers are now baking sovereignty into procurement decisions from the start, not as an afterthought. This shift reflects growing regulatory and geopolitical concerns over data control and digital autonomy.
Starlink's satellite internet is disrupting traditional telecom operators, who now face a formidable rival. The service offers global coverage, challenging existing infrastructure models. However, Elon Musk's vision extends beyond connectivity to a comprehensive space-based platform.
Dutch insurer Univé deployed ChatGPT Enterprise to upskill employees in AI, combining leadership support, governance, and employee-led projects. The initiative aims to transform work processes at scale, with a focus on responsible adoption. Univé's approach highlights practical steps for integrating AI into daily operations.
Manual data entry costs $15 per document, with error rates up to 4% per field. A mid-market company processing 5,000 invoices monthly faces $75,000 in processing costs alone. Deep AI-to-ERP integration can eliminate most of this, with custom integrations costing $10,000 to $35,000.
A new report suggests professionals now spend more time signaling progress than acquiring new skills. This shift is driven by the need to maintain professional credibility through visibility. The trend risks undermining long-term skill development in the workplace.
NADRA received three awards at the inaugural TAF-ABL Public Sector Digital event. The recognition highlights its digital transformation efforts in Pakistan. Specific award categories were not detailed in the source article.
Pakistan Telecommunication Company Limited's board has approved a binding offer to acquire a majority stake in an undisclosed company. The target's identity and deal value remain confidential. This move signals PTCL's strategic expansion amid a competitive telecom market.
Amazon reported strong Q2 results, beating analyst expectations. However, the company's earnings release contained exaggerated claims and misleading statements. The Register highlights the disconnect between actual performance and the rosy narrative presented.
Major tech firms are investing billions in AI infrastructure, with capital expenditures reaching record levels. Despite the massive outlays, executives acknowledge that returns may take years to materialize. Analysts question whether the AI boom can sustain its current pace without clear revenue growth.
Apple CFO Kevan Parekh said during the Q3 earnings call that regulatory changes to the App Store business model are beginning to affect Services growth. The company is feeling the impact both in the US and abroad. Apple did not provide specific revenue impact figures.
Apple CEO Tim Cook said during a conference call that adding more memory suppliers may not lead to lower product prices. The company faces mounting memory supply and pricing challenges. Cook's comments suggest that component costs may remain high despite increased supplier diversity.
Reddit reported strong quarterly earnings, beating revenue expectations. However, the company flagged uncertainty around its traffic deal with Google and the broader impact of AI-generated content on user engagement. Shares dipped as investors weighed the long-term risks from an AI-driven web landscape.
The AI hedge fund founded by a former OpenAI researcher sold its public portfolio after leveraged bets soured. It retains shares in Anthropic, a key AI startup. The fund's future strategy remains unclear.
Apple reported $11.1 billion in inventory, nearly double the $5.7 billion from last September, signaling deep concern over component shortages. The company is bracing for what it calls 'significant supply constraints' ahead. This move suggests Apple expects prolonged disruption to its supply chain.
Apple reported that a slowdown in mobile gaming and court-ordered App Store payment rule changes in the U.S. hurt its services revenue growth. The company now has over 1.5 billion paid subscriptions across its platforms. The services segment, a key growth driver, faces headwinds from regulatory shifts and market saturation.
Amazon continues heavy investment in data centers for AI workloads, and investors are rewarding the strategy. The company’s capital expenditure remains high, but market confidence is unshaken. This contrasts with broader tech caution, highlighting the premium placed on cloud AI infrastructure.
On his final earnings call, Tim Cook hinted that heavy Siri AI users may need an iCloud+ subscription. The comment came amid investor questions about AI's impact on iPhone upgrades and rising capex. Apple's AI monetization strategy remains unclear, but a paywall for power users is being considered.
Tim Cook said during an earnings call that Apple may introduce paid iCloud Plus upgrades for users who want more AI usage. The move would let Apple monetize its Apple Intelligence and Siri AI features. Cook believes people will use the AI tools heavily, justifying a subscription model.
Tim Cook hosted his last earnings call as Apple CEO, confirming John Ternus will lead future calls. Apple reported Q3 2026 results, though specifics were not highlighted. The transition marks the end of Cook's 13-year tenure as CEO.
Apple reported a record $11.73 billion in R&D spending for Q3 2026, continuing a sharp acceleration in investment. The figure marks a significant increase from previous quarters, driven by AI and other advanced technologies. This spending surge underscores Apple's push to maintain competitive edge in emerging tech areas.
Apple reported $109.4 billion in revenue for Q3 2026, a 16% increase from last year. Net profit reached $29.8 billion with earnings per share of $2.02. The results reflect strong performance across product categories and services.
Apple reported Q3 earnings with iPhone sales up 22% to $54.25 billion and Mac sales up 29% to $10.35 billion. The growth came despite a global memory shortage squeezing device makers. Apple raised prices across Macs, iPads, and other products to offset supply constraints.
Apple reported record Q3 earnings, beating Wall Street expectations. The company now has over 1.5 billion paid subscriptions across its services. This milestone underscores Apple's growing reliance on recurring revenue from its ecosystem.
Apple reports fiscal Q3 2026 earnings on July 30, followed by Tim Cook’s last call as CEO. The event will be webcast live at 5:00 PM ET via Apple’s investor relations page. Analysts expect details on iPhone sales and services revenue amid Cook’s transition to a new leader.
Apple's new Upgrade program lets US customers lease iPhones, Macs, iPads, and Apple Watches instead of buying outright. The program offers monthly payments with the option to upgrade annually. It aims to make Apple devices more accessible while locking users into the ecosystem.
An internal Amazon presentation revealed a failed AI deployment cost $1.8 million, 860% over budget, for a menial coding task. The expense went undetected for months, with other projects also incurring hundreds of thousands in extra AI costs. The blunder highlights the risks of unchecked AI spending in enterprise environments.
Meta CEO Mark Zuckerberg told investors that AI is making it dramatically easier to build and launch new consumer apps. The company has recently released updates for Facebook Groups, Marketplace, Instagram, and gaming. More consumer products are expected to follow soon.
Microsoft's 'Frontier Company' push reframes AI sales from capability to protection, acknowledging enterprise deals stalled on trust and ROI. The framework bundles Purview, Content Safety, and Defender, but key features remain in preview. The Customer Copyright Commitment offers indemnity only if safety mitigations are enabled, and data classification gaps undermine protection.
Tesla produced its 10 millionth electric vehicle, marking a milestone toward CEO Elon Musk's $1 trillion compensation package. The automaker now needs to reach 20 million cumulative vehicles to unlock the full payout. The achievement underscores Tesla's manufacturing scale but also highlights the ambitious targets tied to Musk's compensation.
Duda CEO Itai Sadan compares AI to an exceptionally talented intern, suggesting agencies use it to move beyond time-based billing. He argues AI can automate repetitive tasks, allowing agencies to deliver more value per client. The approach aims to increase profitability without scaling headcount.
Major tech companies' 2030 climate goals face uncertainty as AI's energy demands surge. Data center power consumption could triple by 2030, straining renewable energy targets. Analysts question whether commitments to net-zero emissions remain feasible amid rapid AI expansion.
VMware enterprise license agreements are expiring, prompting IT teams to evaluate renewal options. The article outlines five considerations, including assessing usage, negotiating terms, and exploring alternatives. Proper planning can prevent service disruptions and cost overruns.
Data center operators increasingly face opposition from local populations over land use, environmental concerns, and resource consumption. A new report emphasizes that engaging communities early and addressing their needs is critical for project approval and long-term viability. Ignoring local sentiment can lead to delays, legal battles, and reputational damage.
As AI demand surges, electricity availability is becoming a critical factor for data center growth. Regions with ample power capacity will attract more AI infrastructure investment. Those without risk falling behind in the global AI race.
TechCrunch Disrupt 2026 will feature keynotes from leaders at Amazon, Replit, and Tether on its main stage. The event continues its tradition of hosting major tech conversations. More speakers are expected to be announced soon.
Zoox, Amazon's autonomous vehicle unit, received a temporary federal exemption to operate its custom-built robotaxi for paid rides. The approval from safety regulators clears the final hurdle for commercial deployment. Zoox plans to launch its paid service in the coming months.
Apple reports fiscal Q3 earnings today, with analysts expecting no surprises. The company briefly hit a $5 trillion market cap before slipping. This is Tim Cook's last earnings call as CEO, leaving succession plans as the key unknown.
Samsung's smartphone division reported its first-ever operating loss in Q2 2026, despite solid sales volumes. The loss stems from a global oversupply of memory chips, which crashed prices and dragged down profits. The company cited "RAMageddon" — a severe downturn in the memory market — as the primary cause.
Mainframes remain critical for enterprise transformation, with AI and hybrid cloud extending their role rather than replacing them. The systems offer unmatched reliability and security for high-volume transactions. Modernization efforts focus on integrating mainframes with cloud-native tools and AI workloads.
Meta reported strong Q2 2026 revenue growth, but aggressive AI spending slashed free cash flow by 91%. The company's capital expenditures surged as it invested heavily in AI infrastructure. This leaves Meta with limited financial flexibility despite solid top-line performance.
Qobuz Managing Director Dan Mackta refuses to label AI-generated audio as music, calling it a 'really big bummer' for streaming. The high-fidelity platform positions itself against AI content flooding services like Spotify. Mackta emphasizes Qobuz's commitment to human-created music and higher audio quality.
LinkedIn will not expand its data centers in the next year, opting to keep compute capacity flat. The company is challenging engineers to maximize efficiency of existing GPUs rather than adding new hardware. This move contrasts with the broader AI industry trend of massive infrastructure investment.
A Pennsylvania township issued 43 specific requirements for a proposed AI data center. The developer withdrew its initial application and submitted a revised one challenging the regulations. The council criticized the response as an "approval by tantrum."
A new survey reveals that for the first time, more corporate IT workloads run off-site than in-house. The shift marks a milestone in cloud adoption, with 52% of workloads now off-premises. The trend is driven by cost savings and flexibility, though security concerns persist.
In 1996, AT&T chose Microsoft's Internet Explorer as the default browser for its WorldNet ISP service, giving IE a crucial foothold against Netscape. This deal leveraged Windows 95's dominance to boost IE's market share. The move foreshadowed the browser wars that would reshape the web.
Microsoft posted its best-ever fourth quarter, but Xbox revenue fell 13% year-over-year as console sales and content revenue both dropped. The company's gaming division continues to struggle despite strong overall performance from Azure and cloud services. Xbox hardware sales have declined for five consecutive quarters.
Samsung's mobile division reported its first-ever operating loss, driven by soaring memory chip prices. The company's chip division, however, saw profits rise as demand for memory remained strong. The contrasting results highlight Samsung's reliance on its semiconductor business to offset mobile struggles.
A developer analyzed complaint data from Trustpilot, Reddit, and regulatory filings to score 62 SaaS tools on billing dark practices. Adobe Creative Cloud, Mailchimp, and DocuSign scored 9/10, indicating very high risk of hidden fees and cancellation friction. The study highlights patterns like post-cancellation charges and hidden early termination fees.
Abhi, a Pakistani fintech group, plans to launch a Rs. 3 billion IPO for its microfinance bank on the Pakistan Stock Exchange this month. The offering aims to raise capital for expansion and regulatory compliance. This marks a significant milestone for Pakistan's digital lending sector.
Microsoft's Q4 2026 earnings show Xbox hardware sales down 13% and content revenue down 10%, while AI and cloud divisions surge. The company is reallocating capital from consumer gaming to enterprise AI infrastructure, including data centers and custom accelerators. This reflects a strategic pivot where high-margin AI services outweigh the costs of subsidizing console hardware and game development.
Cisco has discontinued its Azure Local product after Microsoft changed hardware requirements to only allow locked-down, jointly supported systems. Cisco declined to comply, effectively exiting the on-prem hyperconverged cloud market with Microsoft. The move highlights growing tension between hardware vendors and cloud platform providers over control of the stack.
Qualcomm's efforts to become a major datacenter player are unlikely to succeed soon, as the company lacks competitive server chips. Its AI pivot helps offset revenue loss from Apple's modem business, but won't quickly close the gap with Intel and AMD. The firm's mobile-first design culture limits its appeal to cloud operators.
Microsoft reported strong cloud revenue in Q4 2026, driven by Azure and other cloud services. However, AI-related revenue from Microsoft 365 Copilot grew slower than expected. The company's capital expenditure continued to rise, reflecting heavy investment in AI infrastructure.
Verizon secured a $1 billion deal with Google to connect its data centers using dark fiber, marking the first major step in Verizon's AI infrastructure expansion. The partnership aims to support Google's growing cloud and AI workloads. Verizon plans to pursue additional multi-billion-dollar deals to further build out its network for AI.
Microsoft unveiled its own AI models and tools, directly competing with partners OpenAI and Anthropic. The company told Wall Street it expects continued growth from these offerings. This marks a strategic shift as Microsoft reduces reliance on external AI providers.
Jeff Bezos said Amazon's Trainium, Graviton, and other custom chips could become a major business as AWS expands AI infrastructure. The chips are designed for AI training and general cloud workloads. Amazon aims to reduce reliance on external suppliers like Nvidia.
Elon Musk's legal battle against advertisers who boycotted X has concluded with a settlement, avoiding jail time he sought. The case, which Musk framed as a war, ended with advertisers agreeing to reset their relationship with the platform. No financial terms were disclosed.
Nikkei Asia reports that Alphabet, Microsoft, Amazon, Meta, and Oracle collectively hold $1.65 trillion in undisclosed obligations. The hidden debt includes operating leases and pension liabilities not fully reflected on balance sheets. Analysts warn the scale echoes Enron's accounting scandal, raising investor concerns about transparency.
Microsoft reported a $3.2 billion gain from its Anthropic investment in its fiscal 2026 Q4 earnings. The company's investment in OpenAI showed mixed financial performance. The results highlight the divergent returns from Microsoft's bets on the two leading AI labs.
Mark Zuckerberg said on Meta's Q2 earnings call that the company sees a large enterprise opportunity in AI, spanning agents, APIs, compute, and internal software. The comment signals Meta's broader push to monetize AI beyond consumer products.
Qualcomm reported weaker-than-expected profit guidance for the current quarter, citing supply constraints that are accelerating the decline in revenue from Apple products. The CEO told Reuters the chipmaker's Apple-related business is shrinking faster than previously anticipated. The news sent Qualcomm shares down in after-hours trading.
Qualcomm CEO Cristiano Amon announced price increases on all processors starting September 1, per CNBC. The hikes follow earlier rumors and will affect smartphone costs. The move comes amid broader industry component price pressures.
Meta shares fell after the company outlined plans to increase AI spending, with CEO Mark Zuckerberg announcing it will sell AI tools to other businesses for the first time. The market reacted negatively to the higher costs, despite Meta's strong revenue growth. The move signals a strategic shift toward monetizing AI beyond internal use.
Microsoft's Q4 earnings show Xbox content and services revenue fell 10%, with hardware down 14%. Meanwhile, Azure and AI services drove overall revenue growth. The gaming division continues to struggle despite Game Pass investments.
Apple launched Apple Upgrade, a leasing program covering multiple product categories. Critics argue the monthly fees are too high, making it less accessible than outright purchase. The program aims to lock users into a subscription-like upgrade cycle.
Apple's iOS 27 adds new benefits to the Apple One Premier bundle, including expanded iCloud storage and exclusive features for Fitness+ and News+. The $37.95/month plan now includes 4TB of storage, up from 2TB, and access to premium News+ audio content. These enhancements aim to increase subscriber stickiness ahead of expected price hikes.
X and the World Federation of Advertisers have settled a legal dispute over claims of an advertising boycott. The terms of the settlement were not disclosed. Both parties said they are resetting their relationship.
X has settled its multiyear legal battle with the World Federation of Advertisers, which it sued in 2024 over an alleged "systematic illegal boycott" that reduced ad revenue after Elon Musk's $44 billion acquisition. The settlement ends a dispute that highlighted tensions between Musk's free-speech approach and advertiser concerns. Financial terms were not disclosed.
AI companies are hiring thousands of electricians and carpenters to build and maintain data centers. The demand for skilled tradespeople has surged as tech firms expand infrastructure to support AI workloads. Training programs are being launched to fill the labor gap.
DoorDash has received FAA approval to operate its own drone delivery service, called DoorDash Air, using drones developed in-house. The service will initially launch in select US markets, aiming to reduce delivery times for short-distance orders. DoorDash joins competitors like Uber Eats in exploring autonomous delivery to cut costs and improve efficiency.
An Nvidia employee's home and desk were searched in connection with the Supermicro smuggling scandal, and he has been detained for forgery and breach of trust. Nvidia is collapsing its buyer list to identify smuggling chains. Despite the scandal, demand for Nvidia hardware remains intense.
Squarespace has raised subscription prices for some users, who claim they were not notified in advance. The increases range from 10% to 30%, affecting both monthly and annual plans. Users are voicing frustration on social media, accusing the company of unfair billing practices.
VMware ends vSphere 8 support in 2027, pressuring IT leaders to upgrade or migrate. The deadline forces tough choices between costly upgrades or switching to rivals like Nutanix. Organizations must act now to avoid security risks and operational disruptions.
IDCA founder and CEO argues that user demand drives data center expansion, not just tech companies. He calls for shared responsibility between consumers and hyperscalers in siting new facilities. The debate centers on balancing digital growth with local environmental and community impacts.
Google reports that over 1,200 YouTube channels from Pakistan have surpassed one million subscribers, with 60% of watch time on local content. This marks a significant milestone for the country's digital creator economy. The growth reflects increasing internet penetration and mobile usage in Pakistan.
Chip maker valuations have dropped sharply, raising fears that the AI boom may be cooling. The declines suggest investors are reassessing the high expectations priced into AI-related companies. Market analysts warn that the sector could face a significant correction if growth fails to meet forecasts.
DoorDash announced DoorDash Air, a new drone delivery program, after receiving Part 135 air carrier certification from the FAA. The certification allows the company to operate drones for commercial delivery in the near future. DoorDash is the largest food delivery app in the US, and this move positions it to compete in the growing drone logistics space.
Seagate reports that cloud operators have booked most of its nearline hard drive capacity through 2028, driven by AI data storage demand. The company's HDD revenue rose 15% year-over-year in the latest quarter. Seagate expects continued growth as AI workloads require massive archival and cold storage.
DoorDash has secured FAA approval to operate commercial drone deliveries in the U.S. The company plans to build its own drone fleet rather than partner with third-party operators. This move positions DoorDash to compete with drone delivery rivals like Amazon and Walmart.
Samsung's semiconductor division is losing engineers to rival SK Hynix, which offers better pay and conditions. One engineer, Lee, now leaves on time after years of late nights. The talent drain threatens Samsung's chip dominance as SK Hynix gains ground in memory chips.
Elon Musk's X has launched X Money, a payment service integrated into the platform. However, the rollout excludes major US financial markets, raising concerns about adoption. The move marks Musk's latest effort to transform X into an "everything app."
SK hynix reported Q2 operating profit of 60.54 trillion won, up 557% year-over-year, driven by AI memory demand. Revenue reached 79.32 trillion won. Despite record earnings, shares slid as expectations outpaced reality amid a global AI selloff.
Brad Bernstein of FTV Capital argues that middle-market technology companies, not giants or startups, will capture the most AI value. He identifies five traits these 'middleweights' share for success. The thesis challenges the prevailing narrative that AI benefits only hyperscalers or disruptors.
NetApp's new product chief received a $34 million compensation package, surpassing the CEO's pay. The package includes stock awards and incentives tied to performance. The move highlights the company's focus on product leadership amid storage market shifts.
Apple's new Upgrade program lets customers pay for iPhones in monthly installments, but critics argue it's a costly financing trap. The plan locks users into perpetual payments without ownership benefits. Analysts warn it exploits affordability concerns to boost recurring revenue.
Enterprises pursuing agentic AI must first overhaul legacy ERP systems, a complex and expensive prerequisite. The migration process can take years and cost millions, often delaying AI benefits. Without modern ERP, AI agents lack the clean data and integrated workflows needed to function effectively.
Organizations are racing to deploy AI, but the challenge has shifted from whether to invest to ensuring long-term value. Companies must now manage growing operational, security, and compliance risks alongside their AI investments. The gap between AI spending and risk management is widening.
Global semiconductor sales more than doubled year-on-year in April, driven by AI chip demand. This surge is shifting air cargo routes in Asia, with AI-related shipments now outpacing e-commerce as the primary growth driver. The trend highlights how the AI race is reshaping logistics and supply chains across the region.
Honda Atlas Cars Pakistan will focus on hybrid vehicles and has no immediate plans to launch battery electric vehicles. The decision reflects the company's strategy to align with local market conditions and infrastructure. This move contrasts with global automakers accelerating EV adoption.
SK Hynix says major tech firms are seeking long-term deals to stabilize memory chip prices, signaling sustained demand for AI infrastructure. The memory maker expects continued high margins despite industry fears of an AI spending slowdown. This reflects Big Tech's commitment to locking in supply for data center expansion.
Offer rates for tech jobs have fallen from 51% in 2015 to 39% in 2025, the lowest in 12 years, according to Interview Query data. The decline reflects a tightening labor market amid layoffs and reduced hiring. Candidates now face longer interview processes and more competition for fewer openings.
A federal judge paused iyO's trademark lawsuit against OpenAI and Jony Ive for seven days as parties finalize a settlement. The case involves claims over the 'iO' brand name used by Ive's AI device startup. A resolution could avoid a protracted legal battle over naming rights.
